Leveraging Global Supply Chains
Every crisis brings an opportunity. The recent disruptions to the global supply chain have accelerated the shift towards shorter development times, shorter product life cycles and frequent adjustments to customer demands. And the entire value chain is reacting to these changes.
The challenges on labour, sourcing, distribution and delivery logistics have made companies rethink ways to keep supply chains globally competitive, with regard to safety, quality, delivery, cash and cost. As manufacturers put a premium on health and safety of their people, they also have to make shortterm and long-term decisions to ensure business continuity.
India is uniquely positioned to benefit from this transition.
Capital goods manufacturing in India is around $40-50 billion. There is potential to double that amount in the next 5-10 years.
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